Will the DOW break 13 this month?

[Vagitarian]

12,853 right now...

P Ho? You out there?

 

[I Love America]

Technical analysis says that it is hitting resistance. However, people have learned not to fight the fed. The only prevailing factor propping up the stock market has been the federal reserve. Make no mistake, QE3 is happening.

 

[Vagitarian]

Technical analysis says that it is hitting resistance. However, people have learned not to fight the fed. The only prevailing factor propping up the stock market has been the federal reserve. Make no mistake, QE3 is happening.

Thanks for the reminder - the only thing I'm currently in (for the portfolio that I manage vs my one that LPL manages) is BAC @ $5.67. I think I'm good on that one but will slide a new stop in at $7.67.

 

[Bubble Burster]

Thanks for the reminder - the only thing I'm currently in (for the portfolio that I manage vs my one that LPL manages) is BAC @ $5.67. I think I'm good on that one but will slide a new stop in at $7.67.

With your luck it'll probably will do it twice...once in each direction.

 

[Vagitarian]

With your luck it'll probably will do it twice...once in each direction.

I'd love that all day long and I have to say, ILA taught me how to play that one. I'm still kicking myself for missing on CAT in the 70s though.